$1,925,000
-$75,00011903 Burbank Boulevard, Valley Village CA 91607
Multi-Family (4 Units)
Property type
137 days
On market
$1,119
Price per sqft
N/A
Garage
1948
Year built
10,243 sqft
Lot size
Open Houses
Overview
An exceptional development opportunity awaits at 11903 Burbank Boulevard, a fully entitled multifamily development site located in the highly desirable neighborhood of Valley Village, California. This offering presents a unique chance for a developer to acquire a project with approvals in place for a 23-unit modern apartment building spanning six stories above grade with the...
Listing provided by: Sevak Keshishian DRE #01887505 818-212-2694, Marcus & Millichap
Listing updated: Mar 13, 2026 at 04:43am.
Last checked: Jun 14, 2026 at 06:00am
Source: CRMLS #26645443
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $0 | $0 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,859 | $1,859 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $877 | $877 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,445 | $1,445 | $2,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
38.4x
List Price / Annual Gross Rent
Cap Rate
1.03%
NOI / List Price
Net Operating Income: $19,780
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Exterior
Stories Total: 1
Levels: One
Security Features: Gated Community
View: None
Garage and Parking
Parking: Driveway
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 2340034021
Zoning: LAR3
Community
HOA: No
Senior Community: No
Community Features: Gated